Policy efforts from countries to drive recovery amid pandemic
In its July World Economic Forecast titled, ‘Fault Lines Widen in the Global Recovery’, the IMF kept the 2021 forecast for Nigeria, which it had earlier raised from the 1.5 percent it predicted much earlier in the year. It also noted that the slow rollout of vaccines was the main factor weighing on the recovery for Low-Income Developing Countries (LIDCs) which Nigeria is part of.
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